ENCORE RENAISSANCE RESOURCES CORP. Encore Renaissance Resources Corp. report that the company has been granted a permit by the BC ministry of mines to commence underground mining at the Company’s flagship property, the Bonaparte Gold Mine, near Kamloops British Columbia.
Underground extraction will commence immediately with further shipments of ore to Kinross Gold’s mill in Washington State. The additional mineralized material will be trucked from the Bonaparte property to the Kinross facilities at Republic, Washington, where it will then be processed together with the substantial tonnage already stockpiled there from the recently completed Bonaparte surface mining activities.
Michael Mulberry, President of Encore comments, “This is a substantial milestone achieved in the development of the Bonaparte Gold Mine. Having the BC Mines approval means the company can now focus on the development of the mine with an expected steady flow of ore to be shipped to Kinross for sales. Management is very excited at the imminent realization of gold sales especially when you consider gold prices are near all time highs. There are few junior companies that become actual producers, and we are proud to say that we will be joining that group in the coming weeks.”
Scheduling of Encore’s processing through that mill’s, cyanide, carbon in-leach, precious mineral extraction circuit is expected to be completed shortly with the first payment to Encore immediately thereafter.
Preliminary testing by the mill has indicated that the recovery of gold from Bonaparte samples and potentially the whole proposed bulk sample was 97% (a large sample of material was sent to the facilities grading 1.4 ounces per ton). The mill reported as follows, “Results for latest test series are complete; recovery for best test with the use of lead nitrate to assist recovery was excellent at 97.5%. Recovery for the test without lead nitrate was 85.7%. For the best test the lime consumption was 10 lb/ton, but appears we can use less. The cyanide consumption was 20.7 lb/ton, but also appears we can use less. The next test series will be conducted on the actual as received material to confirm the results above and fine tune them for the actual mill run.” Also the Gravity separation test has shown a very positive result with over 80% recovery of the gold bearing sulphides from a simple coarse grind is possible.
Encore is a well diversified junior with projects that include its flagship property, The Bonaparte Gold Mine, located near Kamloops, British Columbia. Encore also has approximately 5,200 contiguous acres bordering Underworld Resources in the Yukon, approximately 160,000 contiguous acres of land prospective for lithium in Alberta, and 6,660 acres of land in the Stewart Mining Region of British Columbia.